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Most liked posts in thread: Bolton Wanderers On The Brink?

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  1. Fuzzy

    Fuzzy Impact Sub

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    Looks like they've annoyed the president of Turkey as well?

    upload_2019-1-8_14-12-11.png
     
    #21 Fuzzy, Jan 8, 2019
    Campbell's soup, alex, Hulmebantam and 1 other person like this.
  2. Stafford Bantam

    Stafford Bantam Captain
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    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    #9 Stafford Bantam, Jan 6, 2019
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  3. Offcomedun

    Offcomedun Important Player
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    Ah, right.
    Stopped a basket case club dropping out of the FL.
    Got us promoted to L1 in the same season as taking a 3rd Div team to a major cup final, beating three PL teams along the way.
    Got us to the quarter finals of the FA Cup, beating Chelsea at Stamford Bridge - the only team to win there all season in any competition.
    Year on year league position improvement in every season he was here, culminating in establishing us as a L1 playoff team.
    All luck. Obviously.
     
    #12 Offcomedun, Jan 7, 2019
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  4. alex

    alex Fringe Player

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    Add to that his good work at Bolton getting them promoted from L1 and keeping them up last season under incredible pressure from off field trouble.
     
    #13 alex, Jan 7, 2019
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  5. Onside

    Onside Squad Player
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    Yes but there still needs to be money to distribute? Plus I gather he has been paying himself a nice fat consultancy fee at regular intervals, at the same time as not paying players!! Nice bloke.
     
    #18 Onside, Jan 8, 2019
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  6. Dennis

    Dennis Captain
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    It's not quite as simple as that. The EFL cannot place the club in administration; 'football' creditors cannot place the club in administration; only the owners (and in certain cases secured creditors) can place the club in administration. And why would the owner do that?

    What FGR could do however is seek a winding up order for Bolton from the courts but that really is the nuclear option. If the court accepts the wuo application, the club's owners would have to settle the debt with FGR (and whoever else is involved with the wuo application) or the club would be liquidated after 7 days! And who knows then what assets could be sold to pay off the debts. Usually the threat of a wuo is enough to bring the debtor to the bargaining table. But that may not be successful in Anderson's case as I suspect he will already have secured his own debts on the club's assets as most owners do and thus be first in line to be paid out by the official receiver!

    This case should be an enormous embarrassment for the EFL since it appears Anderson has stuck two fingers up to them at every turn. They didn't learn their lesson when the transfer embargo was first invoked and haven't come down hard enough on the club since then. The EFL could for example have stopped their payments to Bolton for TV rights and solidarity payments and paid FGR directly but don't appear to have gone down this route for whatever reason. The other EFL chairmen should imo be insisting on changes to this whole process but I doubt very much whether that will ever happen.
     
    #30 Dennis, Jan 9, 2019
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  7. Offcomedun

    Offcomedun Important Player
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    The FL has allowed Bolton to cheat their way to L1 promotion by signing players they couldn't afford, get away with not paying players several times, fail to pay transfer fees on time, sign expensive PL players on loan whilst under transfer embargo, etc etc ad nauseum.

    It's hard to escape the conclusion that Bolton's status as an ex PL club and one of the county's oldest football clubs has bought them a degree of leniency that would never be afforded to most other clubs. Even their own fans are saying that they've become an embarrassment to the game.

    It seems that Bolton are part of the old boys network and the football authorities will go to almost any lengths to avoid them going into administration, as they surely should have by now.
     
    #31 Offcomedun, Jan 9, 2019
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  8. bantam65

    bantam65 Important Player
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    They'll wriggle out of it at the last minute AGAIN!
     
    #2 bantam65, Jan 4, 2019
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  9. Storck

    Storck Regular Starter

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    Not anymore.

    They have turned it round. The fans don’t seem to be calling for PP head as all the protests are about the owners.
     
    #4 Storck, Jan 5, 2019
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  10. Faithful Bantam

    Faithful Bantam Squad Player

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    Yeah.

    Re Parky, I meant more a case of him walking. Surely he’d get a decent offer from somewhere?
     
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    #5 Faithful Bantam, Jan 5, 2019
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  11. Faithful Bantam

    Faithful Bantam Squad Player

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    Yeah for some reason he never seems to be in the running. He’s great at reviving clubs. For a while I’ve thought he’d be perfect at Villa.

    I also expected Reading to go for him recently and I think he’d have been a decent candidate for the Wednesday job. It wouldn’t surprise me if one of the clubs relegated from this seasons championship go for him. Maybe Ipswich?
     
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    #7 Faithful Bantam, Jan 5, 2019
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  12. Ricc

    Ricc Impact Sub

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    not surprised Parky hasn't had any decent offers, everyone's noticed that he's a terrible manager
     
    #10 Ricc, Jan 7, 2019
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  13. Damo

    Damo Squad Player

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    I love Parkinson but I think you get him in to revive a club as the style of play will never win over the fans.
    This confirms it wasn’t a try before loan. Bolton owe Forest Green money and Doidge a 3 year contract. Twitter comment. Anderson said wind the club up I don’t care. I’m a secured creditor so I will get my money back.Not who you want in charge of your club. Happy to lose 15 points
     
    #11 Damo, Jan 7, 2019
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  14. Bronco

    Bronco Star Player
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    And possibly keep them up again this season unless the FL get some balls and deduct points for what seems a fiasco with the lad Doidge and Forest Green.
     
    #15 Bronco, Jan 7, 2019
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  15. Storck

    Storck Regular Starter

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    It means when the club goes through administration he is the top of the list of people to get their cash back. Plus he will get his full amount back rather than pennies in the pound. It is similar to the bank lending you money on a mortgage, they have secured their loan against the house, as opposed to a bank loan that is unsecured.
     
    #17 Storck, Jan 8, 2019
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  16. Storck

    Storck Regular Starter

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    He may have secured it against things like computers, desks, etc that will sell even if the club folds. Not sure if the club own the hotel, or ground or training set up etc
     
    #19 Storck, Jan 8, 2019
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  17. Ricc

    Ricc Impact Sub

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    I'm glad I'm not the only one to think so.
     
    #20 Ricc, Jan 8, 2019
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  18. Faithful Bantam

    Faithful Bantam Squad Player

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    Losing at home to Walsall in the cup today too. Wouldn’t be surprised if Parkinson wasn’t there before too long.
     
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    #3 Faithful Bantam, Jan 5, 2019
  19. Storck

    Storck Regular Starter

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    You would think so but it doesn’t seem to have happened. Not sure how many firm offers he had whilst here. Sheff Utd?
     
    #6 Storck, Jan 5, 2019
  20. Storck

    Storck Regular Starter

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    Suppose it depends how long is left on his current deal and what compo Bolton would want
     
    #8 Storck, Jan 5, 2019
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